The birth of the Hong Kong Island family

The news that Lin Zhichao donated HK$800 million to the mainland has been reported by the Hong Kong media. This no longer falls into the category of ‘purchasing political insurance’, but is a true charity.

Reminiscent of Lin Zhichao's early charity activities in Hong Kong, especially his early help in the establishment and establishment of Oxfam, we know that Lin Zhichao has always been like this.

Donations made by other wealthy people in the Mainland are mostly considered by the media to be purchasing political insurance, that is, to protect Hong Kong's assets. The media also believes that Hong Kong's wealthy have close contacts with the mainland, but few of them actually invest in the mainland (like Hopewell Properties), so they are more likely to buy government insurance.

But Lin Zhichao is indeed different. Although his investment in the mainland does not involve real estate, it involves manufacturing, technology, etc., so he really has no worries.

Of course, no matter how good something is, there will always be people who find fault with it.

Some media pointed out that Lin Zhichao's family made a lot of money in Hong Kong, but their charity funds mainly flowed to the mainland.

Of course, this kind of voice will not become mainstream. At this time, Hong Kong's feelings for the mainland are still relatively deep.

It’s Spring Again (1991).

Lin Zhichao attended the annual financial report conference of Cheung Kong Group. Below was a crowded crowd of reporters. They were all looking forward to the operating conditions of Cheung Kong Group in the past year (1990).

Prior to this, Hutchison Whampoa and Hong Kong Electric under the Cheung Kong Holdings Group had announced their results, shocking Hong Kong and Kowloon with results of HK$4.5 billion and HK$3.2 billion respectively. As the parent company, Cheung Kong Group naturally attracts more attention.

Lin Zhichao looked at the cameras and reporters in the audience, feeling very calm. The Cheung Kong Group he led has always been one step ahead of HSBC in terms of market value. This is what makes people feel powerful.

Cheung Kong Group ranks first in Hong Kong in the field of real estate development (residential); and in terms of rental properties, it owns Cheung Kong Plaza (5 million square feet), Exchange Plaza (2 million square feet), and Raffles City Shopping Center (Hong Kong, Singapore, Japan), Cheung Kong Group Center, Hilton Hotel (Tsim Sha Tsui East), Tsim Sha Tsui Center (Tsim Sha Tsui East), Tai Fu Plaza (Old Wing of Miramar Hotel, Singapore), Miramar Hotel, etc., as well as a large number of rental properties in It has huge assets overseas.

"Last year (1990), Cheung Kong Group's normal profit was HK$5.2 billion, another gratifying increase; at the same time, Cheung Kong Group had a non-recurring profit, which came from investment in the overseas real estate market, and this capital was 7.8 billion. So. , Cheung Kong Group’s net profit in the past year was HK$13 billion.”

As soon as he finished speaking, the scene exploded!

If it hadn’t been for the question-and-answer period, I’m afraid everyone would have had to rush to ask questions first.

Normal profits increased by about 1 billion because real estate prices rose by 10 to 20% last year (the unit prices of Taikoo Shing and Whampoa Gardens were already over 2,000 per square foot), and the rents of Cheung Kong Group increased significantly.

This abnormal profit has been around HK$8 billion for two consecutive years, which is obviously another return on real estate investment in the Japanese market.

Then, Lin Zhichao said: "In view of the excellent performance, the dividend per share of Cheung Kong Group this year is HK$1.1, involving a capital of HK$1.751 billion, and 1 bonus share will be given for every 5 shares."

A heat wave broke out on the scene.

Hong Kong's second largest real estate company, Sun Hung Kai, has just announced that last year's profit was HK$2.45 billion, not even half of Cheung Kong Group's. Sun Hung Kai also has many rental properties, but they are mainly in shopping malls in new towns.

Of course, Cheung Kong Group’s profits also include retail catering (7-11 Convenience, Café de Coral Catering Group), beverages and food, infrastructure projects, construction projects, etc. It is a comprehensive development group.

After a while, it was finally time to ask questions.

Reporter: "Mr. Lin, Changshi Group's overseas profits are classified as non-recurring profits. Are they proceeds from sales in the Japanese real estate market?"

Lin Zhichao: “Mainly earned from the Japanese market!”

Reporter: "Is it because you are not optimistic about the future of the Japanese market, so you sold the property assets there?"

Lin Zhichao: "The main reason is that the price has risen too high. We took profit and left the market, so we disposed of some buildings and commercial land and only retained the business of Raffles City Shopping Center."

Reporter: “Is this your main contribution to Changshi Group’s astounding performance?”

Lin Zhichao: “No, it’s all thanks to my colleagues and me!”

Reporter: "This time, Cheung Kong Group distributed a dividend of HK$1.751 billion, setting a new record. Is it because you need money for charity?"

There was a burst of laughter!

Of course, the laughter was good-natured.

Lin Zhichao also said humorously: "You underestimate me!"

"Ha ha"

There was a lot of laughter!

Reporters gathered around Lin Zhichao for ‘exclusive interviews’, which made Lin Zhichao’s ‘handover’ actually very problematic, and of course it was only a ‘half-handover’.

If he does not attend the press conference, everyone's target will naturally shift to Lin Ruihuan. However, Lin Zhichao has not really retired after all, so he will still occasionally attend press conferences, which can be regarded as maintaining the stability of the company.

The next day.

The news that Cheung Kong made a profit of 20 billion was spread in major media and became the biggest topic in Hong Kong for a while.

At the same time, the market value of Cheung Kong Group exceeded HK$90 billion, which is far ahead.

Of course, what is even more talked about is Lin Zhichao’s humorous reply when reporters joked that charity requires money.

Hong Kong's property market is gaining momentum and is rising rapidly, especially large private housing estates with complete facilities, including Whampoa Gardens, Taikoo Shing, Telford Gardens, Huaxin Gardens, etc., which have become hot commodities. In just one month, the price of Taikoo Shing and Whampoa Gardens rose from HK$2,300 per square foot to HK$3,300, an astonishing increase.

Yangtze River Group Center.

Lin Ruihuan came to Lin Zhichao's office and reported: "Father, the police have dispersed the crowd near the Chinese Walk!"

Lin Zhichao nodded with satisfaction. It turned out that there was a sudden rumor in the market that Cheung Kong Group would launch the "Huijing Garden" at Lantian MRT station within a few days. Immediately, a large number of citizens went to the sales office in Chinatown to queue up. There were more and more people, and Lin Zhichao was worried about causing problems, so he asked Cheung Kong Group to put up notices urging people to leave. Unexpectedly, the people ignored them at all, and it was not until the police dispersed them that they succeeded.

A few years ago, big conflicts broke out just over queuing up to buy a house, and people died.

Therefore, some things should be paid attention to to avoid excessive impact.

"When do you plan to launch Huijing Garden?" he said. He doesn't really care about these little things, but he will pay attention to some details - such as the possibility of trouble brewing this time.

Lin Ruihuan said: "On the 28th of this month (March), a total of 750 small and medium-sized residential units were launched, with a unit price of HK$2,460 per square foot."

Lin Zhichao said: "Well, the number is quite large and it won't easily cause too much crowding."

Among the five major housing estates planned by Lin Zhichao:

Laguna City (Cha Kwo Ling) was sold once last year, and the price at that time was already HK$1,800 per square foot. Of course, there are 4,100 residential units in Laguna City, but only 650 have been sold.

Huijing Garden has only sold the first wave of 750 residential units this month, and the unit price has already reached HK$2,400 per square foot.

And next.

The first batch of Kingswood Villas in Tin Shui Wai will be sold in the second half of this year. Lin Zhichao's price is around HK$1,800, which is already higher than the average price of his bet with China Resources.

The Harbor Plaza in Ap Lei Chau and the large housing estates in Tseung Kwan O began sales in 1993.

There is also a large housing estate that cooperates with CLP and has also started sales this year.

This year, Cheung Kong's profits are expected to reach HK$7 billion, which is a huge growth expectation.

Lin Ruihuan continued to report: "Dad, we have exchanged all convertible bonds of Hopewell Properties for common shares."

"Well, Hopewell Real Estate has great potential. I am also very optimistic about the infrastructure projects they invest in the mainland."

Cheung Kong Group has purchased a large number of preference shares, convertible bonds, ordinary shares, etc. from Hong Kong listed and unlisted companies in recent years. In fact, it is an investment style with too much capital. This kind of investment style does not require you to do it yourself, you can still make money.

For example, Cheung Kong Group invested HK$500 million in convertible bonds in Hopewell Properties in 1989, which were now exchanged for Hopewell Properties' common shares (with an agreed price) upon maturity; and Hopewell Properties has invested in many infrastructure projects in the mainland. The project is expected to reach its harvest stage in two to three years.

For investments like this, Cheung Kong Group has invested in more than 30 companies, with the total amount involved reaching 4 billion Hong Kong dollars; it is still looking for suitable targets and is expected to invest another 4 billion Hong Kong dollars.

This can not only make money, but also show the leadership status of Cheung Kong Group.

In the morning, Lin Zhichao woke up from his sleep and looked at the two young octopuses lying on his body. He couldn't help but feel good.

This is a feeling of conquest. Guan Jiahui is 29 years old this year, Li Jiaxin is 21 years old this year, and Lin Zhichao himself is 63 years old. This age gap is standard for successful people.

More importantly, everyone was very satisfied with what happened last night.

"Brother Chao, haven't you already retired? Why do you still rush to the company early every day?" Guan Jiahui said lazily.

With a few strands of black hair, fluffy eyes, and a sense of satisfaction in the corners of her mouth, she looked very beautiful.

Before Lin Zhichao spoke, Li Jiaxin said at the side: "Brother Chao is not retired, but semi-retired. You don't even understand this!"

After saying that, a proud expression appeared on the corner of his mouth.

Li Jiaxin has a very high-end beauty, with a mixed-race body and three-dimensional facial features, plus a pure appearance. She is a beauty that is very popular among Hong Kong's rich.

Seeing the two women bickering, Lin Zhichao did not speak immediately, but watched the battle with interest. Although it was a quarrel, the two women carried a gun together last night, so it would not affect the relationship between the two women.

"Little girl, can you still understand me?"

"You will understand when you are older, you are so stupid."

Good guy, the two women quickly turned into a 'personal attack', and Lin Zhichao immediately stopped it.

"Okay, what's the fuss about? You didn't make enough noise last night!"

The two women suddenly became shy, and then they caressed Lin Zhichao's chest with their palms at the same time, feeling the man's still young body, as if they had discovered a treasure.

"I hate it, Brother Chao!"

"You didn't make us do that!"

Lin Zhichao had a good experience with the young bodies of the two women. Then he got up and the two women dressed him up regardless of the naked body.

"I am semi-retired! Leave things to them, and I will give everyone advice and ensure that the family business, as well as investment companies like yours, continue to grow. Do you understand?"

"clear!"

The two women responded happily!

Lin Zhichao guided their investment company and completed many investments, which made them very satisfied.

For example, Guan Jiahui owns investments in shops, office buildings, luxury homes, and high-end residences in Hong Kong, and also holds Hong Kong stocks. At the same time, Guan Jiahui also holds many investments such as US stocks, properties in the United States and Canada, and her total assets are as high as 20 More than 100 million Hong Kong dollars.

Recently, real estate prices have increased significantly, and they are very happy. They agree to Lin Zhichao's requests without hesitation.

While the two women were dressing him, Lin Zhichao admired their bodies. Under his development, these women's bodies were much better than in their previous lives, and their temperament and appearance were also greatly improved. He couldn't help but sigh that he was really a 'good teacher and friend'.

Li Jiaxin's figure at this time is not inferior to Lin Chiling from Taiwan. Of course, her face is more beautiful and her temperament is more noble. With such a good figure, Lin Zhichao had a long time last night.

Guan Jiahui is a typical charming girl. She tidied Lin Zhichao's collar charmingly and asked curiously: "Brother Chao, will you have a younger girl in the future, much younger than Jiaxin?"

Li Jiaxin suddenly became nervous and looked at Lin Zhichao with concern.

Judging from this performance, these women have been "managed" to be submissive and have no binding force on Lin Zhichao.

Lin Zhichao said decisively: "No. No matter what, I'm still old. It's important to take care of your health. I can't even feed you enough. How dare you do this!"

Guan Jiahui smiled and said: "You don't know how to catch orders! Besides, you don't seem to be in poor health. I'm afraid that the young people outside in their twenties and thirties are not as healthy as you!"

Li Jiaxin then said: "Anyway, we are still young. Brother Chao must take care of himself. I should be able to get pregnant this time, right?"

Recently, Li Jiaxin is preparing to have a baby.

Lin Zhichao smiled and said; "Don't worry, you are enough!"

It is impossible for him to find a girlfriend in Hong Kong now. After all, being photographed is very troublesome. (End of chapter)